Some people say: The outbreak of copycats is the last frenzy, and the big crash is not far away!
My personal opinion is that this is not a real copycat outbreak yet
Although some altcoins have performed well recently, they have not yet reached the stage of 10,000 coins rising to the sky; there is no need to worry about it now.
The Fed has just started to cut interest rates, and the real capital flow has not yet fully penetrated into the cryptocurrency circle. In addition, the top two have not seen a strong rise, and the secondary mainstream is also tepid.
Therefore, there is no need to over-predict the future market, and of course, you can't be too excited. After all, the currencies that are rising now are some secondary new coins, and some mainstream altcoins held by retail investors have not risen much.
This short-term rebound can only mean that the market sentiment has gradually changed from pessimism in August to a wait-and-see state.
The real crazy state is still some distance away. The market will not recover so quickly, and everyone's confidence is also in a frustrated state.
However, the recent sector rotation and rising market has begun to show results
The most obvious point is that the community has become active and everyone has started to pay attention to whether the market is starting to rise!
Which sector will explode next? Are there any coins worth investing in?
The seemingly inadvertent change represents the inner change of a part of the market. As long as these people get the results, the audience will be greatly increased and new trends will evolve.
Of course, it doesn’t matter whether you are bullish or bearish, because there is no absolute in the market. When there is a rise at a large level, there will also be a pullback at a small level.
The most important thing is to see where your own goal is and whether you can firmly implement the strategy you have formulated. If you can't do these two points, you can only watch others make money, because wealth will not follow a fickle person.
There is actually nothing to analyze about the market. Buy and sell. The only thing left is to overcome the mentality problem.
If the market goes up, don’t be too greedy; if you earn less, you can treat it with a normal attitude; if the market goes down, you can hold on patiently.
Finally, I wish you all: eat well, sleep well, stay healthy, learn well, and make money in this trend! #BTC
